Expeditors International of Washington stock falls 2.34 percent

Expeditors International of Washington (ISIN US3021301094) was trading at USD 183.63 on September 24, 2026, down 2.34 percent from the previous close. On September 16, 2026, the company authorized a new USD 3 billion share repurchase program, according to StockTitan.

Buyback adds a capital return signal

The authorization permits Expeditors to buy back up to USD 3 billion of common stock after the existing program expires. The company linked the current program to a minimum outstanding share count of 130 million, giving the authorization a defined capital allocation framework.

The size of the new authorization is material against the company value of USD 24.02 billion as of September 24, 2026. It represents 12.5 percent of that market capitalization, although the authorization does not indicate how quickly repurchases will occur.

Quarterly earnings set a higher bar

Expeditors reported second-quarter 2026 EPS of USD 2.03, beating the USD 1.69 consensus estimate by USD 0.34, according to MarketBeat. Revenue increased 32.1 percent year over year in the same quarter.

That comparison matters because the market is evaluating both operating growth and the potential effect of buybacks on future per-share results. The earnings beat was USD 0.34 per share, while the revenue increase shows that the quarter was not driven by repurchases alone.

Stock remains below yearly high

At USD 183.63 on September 24, 2026, Expeditors stock stood USD 10.96 below its 52-week high of USD 194.59, a gap of 5.63 percent. Trading volume reached 889,795 shares, while the market capitalization was USD 24.02 billion.

More news and analyses on Expeditors International of Washington stock